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A [`]discount rate' for the consumption of future generations from current investments for their benefit is typically composed of two parts: [`]time preference' and an allowance for the lower marginal utility of consumption due to higher average levels of consumption in the future. Time preference would be involved if one were postponing one's own consumption; it has little or nothing to do with income redistribution, which is what greenhouse abatement is about. A lower marginal utility of consumption is an anomaly in income redistribution: we rarely deliberately transfer consumption from the less to the more well-to-do. Time may serve as a kind of measure of distance; we may prefer beneficiaries who are closer...
Categories: Publication;
Types: Citation;
Tags: International,
business,
corporations,
dynamics,
economic,
The Title 4 Land data delineates the following 3 areas where landuse is restricted: 1. In Regionally Significant Industrial Areas (Plan = RSI), non-industrial uses are limited to: Retail uses less than 20,000 square feet and amounting to only 5 percent of the contiguous Regionally Significant Industrial Area. Commercial office uses that are not accessory to the industrial uses with the exception of large corporate headquarters. And uses necessary to serve the needs of businesses and employees of the Regionally Significant Industrial Area. 2. In Industrial Areas (Plan = IND), non-industrial uses are limited to less than 20,000 square feet and amount to 10 percent of the Industrial Area. 3. In Employment Areas (Plan...
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